Mortgage rates climb above 7% for 1st time in 8 months

Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
How to Get a Mortgage Rate Under 3% as Rates Climb Above 7%
Mortgage rates are now above 7 percent, but there are still options for securing a rate in the 3 percent range or lower
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time since May as the housing market continues to struggle.
Mortgage rates top 7%, soar to highest level since May in latest blow to homebuyers
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Mortgage Rates Hold at Highest Level Since May
After climbing to their most expensive level in more than seven months, 30-year mortgage rates held steady Tuesday. Rate movement was mixed for other loan types.
Mortgage rates climb above 7% for the first time in 8 months
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.
Home Builders Say Cancellations Are Climbing As Mortgage Rates Continue To Rise
Home builders say cancellations are increasing because of rising mortgage rates even as their confidence in the market rose slightly over the past month, according to a new survey. The average 30-year fixed-rate mortgage surpassed 7%,
California Homeowners Delaying Mortgage Payments Could See Huge Increase in Bills
California homeowners affected by recent wildfires can take advantage of mortgage forbearance, allowing them to temporarily ...
Here’s how L.A. homeowners impacted by the wildfires can request mortgage relief
JPMorgan Chase and Bank of America have programs offering mortgage relief to homeowners impacted by the California wildfires.
4 reasons to get preapproved for a mortgage loan this January
With only two additional Fed rate cuts predicted for 2025, mortgage rates aren't likely to fall much more this year. And, if ...
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...
Mortgage rates rise past a key mark, signaling bad news for home buyers
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a ...
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency ...
What Is a Mortgage Loan Servicer?
A mortgage loan servicer is a company that takes care of tasks related to administering a home loan, such as sending ...
Man sentenced to 17 years in prison for defrauding West Side homeowners aged 62 to 98
Mark Diamond, 68, pleaded guilty to scamming more than 100 homeowners out of at least $7 million through a reverse mortgage ...